‘High risk’ AI rules: How Google, Facebook parent Meta, OpenAI and other tech giants may have ‘scored’ victory in Europe

The European Commission has said that it will streamline and ease several key technology regulations, including delaying major provisions of its landmark AI Act, in a move which can be seen as a victory for tech giants like Google, Facebook and Instagram parent company Meta and OpenAI. The effort, dubbed a ‘Digital Omnibus,’ aims to cut red tape and boost Europe’s competitiveness following intense criticism against the continent’s stringent regulatory landscape.

EU decides to delay ‘High Risk’ AI Rules